Also, pay attention to what the bill/referendum is for. Any competent district will have a website explaining to the public what the funds are going to be used for.
In particular, be careful about voting against bond issues that are placed on the ballot within one or two years of the maturation date for a similarly sized bond. Because those are basically a continuation of the status quo, and voting them down can mean costly deferred maintenance and/or dumb financial trade-offs.
Real example: firing a whole bunch of people this year to pay for asbestos removal in cash money (because the bond issue wasn't passed and this NEEDS to be done in order to use the building), and then re-hiring a bunch of people the next year. Because the bond issue failed and the bond issue is literally the only legal way to amortize the cost of the asbestos removal. So, I guess no amortization, we pay upfront and fire a bunch folks for a year in order to afford it. (BTW, we all know from the software industry what happens when you lay off a bunch of people -- you lose your best folks and it becomes difficult to recruit good people).
Think of it like this: school districts in many states literally can't amortize their capital costs without coming to you with a ballot initiative. By voting "no" carte blanc, you're basically saying "I carte blanc disapprove of my local school district using amortization". Which is pretty unreasonable.
Also, pay attention to what the bill/referendum is for. Any competent district will have a website explaining to the public what the funds are going to be used for.
In particular, be careful about voting against bond issues that are placed on the ballot within one or two years of the maturation date for a similarly sized bond. Because those are basically a continuation of the status quo, and voting them down can mean costly deferred maintenance and/or dumb financial trade-offs.
Real example: firing a whole bunch of people this year to pay for asbestos removal in cash money (because the bond issue wasn't passed and this NEEDS to be done in order to use the building), and then re-hiring a bunch of people the next year. Because the bond issue failed and the bond issue is literally the only legal way to amortize the cost of the asbestos removal. So, I guess no amortization, we pay upfront and fire a bunch folks for a year in order to afford it. (BTW, we all know from the software industry what happens when you lay off a bunch of people -- you lose your best folks and it becomes difficult to recruit good people).
Think of it like this: school districts in many states literally can't amortize their capital costs without coming to you with a ballot initiative. By voting "no" carte blanc, you're basically saying "I carte blanc disapprove of my local school district using amortization". Which is pretty unreasonable.